Sterling Tools net profit declines 2.52% in the March 2014 quarter

Sales rise 21.89% to Rs 83.76 crore

Net profit of Sterling Tools declined 2.52% to Rs 3.48 crore in the quarter ended March 2014 as against Rs 3.57 crore during the previous quarter ended March 2013. Sales rose 21.89% to Rs 83.76 crore in the quarter ended March 2014 as against Rs 68.72 crore during the previous quarter ended March 2013.

For the full year,net profit rose 43.57% to Rs 15.62 crore in the year ended March 2014 as against Rs 10.88 crore during the previous year ended March 2013. Sales rose 7.02% to Rs 294.56 crore in the year ended March 2014 as against Rs 275.25 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear Ended Mar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales83.7668.72 22 294.56275.25 7 OPM %11.6013.08 -14.1712.77 - PBDT8.046.90 17 34.0825.66 33 PBT5.314.49 18 23.7816.25 46 NP3.483.57 -3 15.6210.88 44

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